Saturday's drawing was the seventh-largest in Powerball history.
The Powerball jackpot was at an estimated $750 million on Saturday.The Powerball jackpot reached an estimated $750 million, and a flurry of purchases has made Saturday’s drawing the seventh-largest in the promotion’s history.According to the, the Powerball jackpot on Friday was bumped up from $725 million to $750 million. Saturday’s drawing was the 28th consecutive since a winning ticket was sold two months ago.
If nobody wins, Monday’s drawing could be for an amount that is the fourth largest in Powerball history. If someone wins Saturday, they will have two options: An annuity, in which the winner receives one immediate payment followed by 29 annual payments that increase by 5% each year; or the lump sum option. Choosing the second option will make the cash value amount approximately $350.6 million before taxes.
The last time someone won the Powerball jackpot was on July 19, when a $1.08 billion ticket was sold in California. That was the third-largest Powerball jackpot in the promotion’s history, Drawings are held every Monday, Wednesday and Saturday. Tickets, which cost $2 per play, are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.
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